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barack obama has 3.5 million plus. so if 3 3.5 million plus isn't enough of a mandate to do something about taxes, what the hell was a half million loss? >> we're going to miss you congressman frank, barney frank ending an incredible career in massachusetts. we'll have you back again, if we can. >> i'll be around, chris. >> i want to ask you what you'll miss, positively and negative will from the congress. thanks for coming on tonight, congressman. >> you're welcome. >>> when we return, let me finish with whether the politicians who run the government will be able to do what's right, do what's necessary. this month. you're watching "hardball," the place for politics. made a comm. bp has paid over twenty-three billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for ge
barack obama has 3.5 million plus. so if 3 3.5 million plus isn't enough of a mandate to do something about taxes, what the hell was a half million loss? >> we're going to miss you congressman frank, barney frank ending an incredible career in massachusetts. we'll have you back again, if we can. >> i'll be around, chris. >> i want to ask you what you'll miss, positively and negative will from the congress. thanks for coming on tonight, congressman. >> you're welcome....
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is president obama not serious? surely the leaders would not play games that could result in a ten per -- 10% of the plumber rate, recession, and a massive wall street sell-off. a wall street veteran joins us next. ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. ♪ lou: the uncertainty over the fiscal cliff, conflicting economic reports giving investors headaches and upset stomachs, at least some of them. to make sense of it all, wall street legend joins us and just moments. first, let's take a look and what caused all of the tanks in the "moneyline" tonight. unexpected weakness, an absence of leaders in washington creating anxiety, some volatility. adelle opening the month with a 60-point loss, s&p dropping, nasdaq eight, trading right on the average from monday, 3 billion shares
is president obama not serious? surely the leaders would not play games that could result in a ten per -- 10% of the plumber rate, recession, and a massive wall street sell-off. a wall street veteran joins us next. ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz...
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because obama overplayed his hand. he's doing it again. just as he did in 2008. he thought the country had given him a blank sheet of paper to work on. he did the stimulus spending. he went from 70% support down to below 50% and lost the house. now he gets re-elected with less strength, not against a war hero but a guy from massachusetts, and the republicans have the house and he thinks somebody made him king and he's going to have more taxes, more spending, and more regulations. it's a real problem for him. he doesn't have the mandate he thinks he does. so i think he takes us over the cliff because he doesn't -- he's got blinders on. he doesn't see where he stands in the universe. >> okay. there are a couple things to unpack here. i want to go back to this question -- i think what i'm confused about is this kind of game of smoke and mirrors that seems to be playing out on the right. and i ask you again, is closing a loophole and ending a deduction the same thing as raising taxes? >> you have to look at the whole package. i mean i would think if you're going to -
because obama overplayed his hand. he's doing it again. just as he did in 2008. he thought the country had given him a blank sheet of paper to work on. he did the stimulus spending. he went from 70% support down to below 50% and lost the house. now he gets re-elected with less strength, not against a war hero but a guy from massachusetts, and the republicans have the house and he thinks somebody made him king and he's going to have more taxes, more spending, and more regulations. it's a real...
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cheap party cho is going to dwarf tea party one if obama pushes this off the cleric . tea party to really tea party is it probable i mean is there that much reserve crazy out there in the republican right wing a sphere well yeah i mean there's certainly enough there loud enough and dumb enough sure but i don't think they'll have the impact that the original keep your party had because it's a different world now you know at the time you know they could get angry and stomp their feet and the country could sort of relate to it because they were still feeling that you know the bush recession misery that's going away now and you know hopefully will continue to go away and so you know when these people say that the sky is falling and people aren't feeling it you know it'll be all the more apparent i mean they've already lost the argument and i don't think anything is going to happen it's going to it's going to be with them that argument will boehner came out today and say ok you you know the president you you said how you want to raise taxes and told us if we want to cut thi
cheap party cho is going to dwarf tea party one if obama pushes this off the cleric . tea party to really tea party is it probable i mean is there that much reserve crazy out there in the republican right wing a sphere well yeah i mean there's certainly enough there loud enough and dumb enough sure but i don't think they'll have the impact that the original keep your party had because it's a different world now you know at the time you know they could get angry and stomp their feet and the...
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but here obama, talking about obama having learned from the first four years and no longer negotiating before he goes. is there any thought that the community has learned here and enough -- that they are going to get past off because the crumbs are not enough anymore or are you guys just going to go for some more crumbs? >> i am not sure that all of the folks on this panel would represent the progressive community, but i think that we can open a. >> to you want to take that? >> speak on behalf of the progressive community. i don't think i can speak on behalf of the press corps. i guess i can speak on behalf of myself. i don't know, you know, what do you do if you are passed off, to use your phrase? i mean, you can write about these things to appoint them out , but to my you know, as i was saying, i am not terribly optimistic for the second four years because my view is not the only, but the primary leverage point that one has ever president is reelection, and once you move through that i think you're dealing with a more limited set of tools that reelection leverage point proved to be,
but here obama, talking about obama having learned from the first four years and no longer negotiating before he goes. is there any thought that the community has learned here and enough -- that they are going to get past off because the crumbs are not enough anymore or are you guys just going to go for some more crumbs? >> i am not sure that all of the folks on this panel would represent the progressive community, but i think that we can open a. >> to you want to take that?...
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they're stunned because they hate obama and only talk to other republicans who also hate obama. get it? they're in this bubble and when the bubble bursts, they start to cry. >>> finally, let me finish with how the nobodies finally won, and this is "hardball," the place for politics. bp has paid over twenty-three billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. i'd like to thank eating right, whole grain, multigrain cheerios! mom, are those my jeans? [ female announce
they're stunned because they hate obama and only talk to other republicans who also hate obama. get it? they're in this bubble and when the bubble bursts, they start to cry. >>> finally, let me finish with how the nobodies finally won, and this is "hardball," the place for politics. bp has paid over twenty-three billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in...
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obama championed tax fairness and won. republicans championed protecting that 2%, ignoring the 47% he talked about, and they lost. today boehner said he's willing to raise revenues by the same amount he agreed to back in august of 2011, the last time they had this fight. again, he's willing to act like the election never happened. no wonder. again, he lost. joining me is joy reid of the grio and howard fineman of the "huffington post." joy, you're chuckling because it is weirdly true. it's almost like groundhog day, this guy, boehner, he's not a bad guy, but he's operating on a bad thought here. the election didn't happen. >> it's incredible. it's amazing watching john boehner reach for anything, simpson/bowles which, by the way, assumed that the tax cuts for the top 2% would be gone, but he forgets about that, and boehner is trying to offer the same exact policies that mitt romney ran and lost on, that the republicans tried to negotiate with the white house. it is incredible. and the only way i can explain this, the only
obama championed tax fairness and won. republicans championed protecting that 2%, ignoring the 47% he talked about, and they lost. today boehner said he's willing to raise revenues by the same amount he agreed to back in august of 2011, the last time they had this fight. again, he's willing to act like the election never happened. no wonder. again, he lost. joining me is joy reid of the grio and howard fineman of the "huffington post." joy, you're chuckling because it is weirdly true....
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>> compared to what obama's talking about, the fiscal cliff might be better because obama not only wants soak the rich tax increases that would automatically happen, he then wants additional taxes on top of that would be very bad for american competitiveness. we don't want to send jobs to china and india but almost as if obama wants to do that. at least if w went over the cliff, we would get the sequester, which is the budget wonk term for automatic reductions in the growth of spending. melissa: absolutely but i'm not sure republicans are giving in as much as you think. ifou drill down on the details, as soon as i saw 800 billion in new x revenue, my immediate question did they give on the point of marginal rat d from the language it doesn't look like. more a tax code basically closes loopholes. they employ all the euphemisms to say you will get rid of deductions. sounds like that is where the 800 billion in new revenue isoming from. they didn't give on marginal rates at all. >> that is good news but only good news in the nse we're not traveling as fast in the wrong direction. you're tal
>> compared to what obama's talking about, the fiscal cliff might be better because obama not only wants soak the rich tax increases that would automatically happen, he then wants additional taxes on top of that would be very bad for american competitiveness. we don't want to send jobs to china and india but almost as if obama wants to do that. at least if w went over the cliff, we would get the sequester, which is the budget wonk term for automatic reductions in the growth of spending....
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right now, seven governors are about to walk into a meeting with president obama. they are both republicans and democrats. they all want to know how he's going to handle the fiscal cliff crisis. they will also meet with john boehner. boehner counter proposal yesterday. $600 billion in cuts in entitlement and $250 billion in changes in way the government changes inflation that would impact social security. let me bring in the national journal from the editor. good morning. i want to talk to you about this republican proposal saying republicans in congress want to get serious about asking the wealthiest to pay slightly higher tax rates. we won't be able to achieve a significant balanced approach to the deficit. it does have some revenue in it, even though it's not from tax increases. so what does this opening offer say about where we are in these negotiations? >> well, it seems very difficult to imagine that we're going to be getting to a deal that will handle everything that needs to be addressed before the end of the year. i think the first main thing that needs to
right now, seven governors are about to walk into a meeting with president obama. they are both republicans and democrats. they all want to know how he's going to handle the fiscal cliff crisis. they will also meet with john boehner. boehner counter proposal yesterday. $600 billion in cuts in entitlement and $250 billion in changes in way the government changes inflation that would impact social security. let me bring in the national journal from the editor. good morning. i want to talk to you...
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she keeps showing up. >> barack obama is a socialist. he believes in socialism in redistributing health in confiscating hard-earned dollars of our small businessmen and women so they cannot reinvest their dollars and hire more people and expand. barack obama has not had a budget in the four years he has been in office and not been worried about it and continues to spend recklessly other people's money, and that is a sign of that idea of loving socialism. >> stephanie: okay. i think we can confirm it now, she gets paid by the word. [ bell chimes ] [ applause ] >> stephanie: i'm working on a book right now the publicer gives you a world count. i think that's what happens. she is literally filling out the blue book. >> socialism. fill his socialistic socialism -- >> stephanie: and all and forward short also socializing with the -- okay. >> it was really hard to find -- >> small business -- >> stephanie: there is no edit -- >> that's why it went a little bit longer than usual. it was hard to find an edit point to take it out -- >> stephanie:
she keeps showing up. >> barack obama is a socialist. he believes in socialism in redistributing health in confiscating hard-earned dollars of our small businessmen and women so they cannot reinvest their dollars and hire more people and expand. barack obama has not had a budget in the four years he has been in office and not been worried about it and continues to spend recklessly other people's money, and that is a sign of that idea of loving socialism. >> stephanie: okay. i think...
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we have zero dark 30, the movie, the critic laud for it lauds obama. will we get a obama film? maybe if they make president bush president again. we can't blame susan rice because she is black. insidious racism perpetrated by white lib who see skin color instead of achievement. go after clapper. a white male, no one cares about him. will that satisfy chris ma chews? they no longer speak truth to power. only thing is the what they spring from, a clown car with those who can stare at dead americans and say ahh. i've never seen so many hacks try to kill a story. if life was an obama dinner party, benghazi is the smelly homeless guy everyone wants to bounce. dana, this is your favorite story, as mine. how can the media continue ignoring this? will they? 'canes yes. >> greg: good answer. okay, eric? >> dana: but i do think because of this story there will be a couple of things that happen. one will be that rice will not be named secretary of state. and two is i hope and you saw op ed in the "wall street journal" today about security at diplomatic missions around the world. they have
we have zero dark 30, the movie, the critic laud for it lauds obama. will we get a obama film? maybe if they make president bush president again. we can't blame susan rice because she is black. insidious racism perpetrated by white lib who see skin color instead of achievement. go after clapper. a white male, no one cares about him. will that satisfy chris ma chews? they no longer speak truth to power. only thing is the what they spring from, a clown car with those who can stare at dead...
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test of perfecting the more you have moved forward was four weeks following barack obama's reelection nearly one million americans have moved forward by campaigning to break apart all fifty states have filed online petitions with the white house requesting to peacefully secede from this so-called perfecting union a movement that's garnered more than thirty thousand signatures in north carolina. where many like michael toggled. see independence as a symbol may twentieth a consistent one is the day that north carolina saved from the union and america stars and stripes ripping at the seams there's no doubt in my mind that it is inevitable i mean something like this with the debt this country has with the growing disunion in the among the people they can't last forever and that's through the lesson of history big empires always collapse on their own weight secession supporters like bernard first some say washington's weight of growing debt and loose wars government intrusion and a broken immigration system has become a bipartisan destructive force is beyond reform you can't reform that fe
test of perfecting the more you have moved forward was four weeks following barack obama's reelection nearly one million americans have moved forward by campaigning to break apart all fifty states have filed online petitions with the white house requesting to peacefully secede from this so-called perfecting union a movement that's garnered more than thirty thousand signatures in north carolina. where many like michael toggled. see independence as a symbol may twentieth a consistent one is the...
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/clint or clinton/obama. so that talk is going to keep going. >> what a ticket. >> it would be a great ticket. >> she's a young woman. she's only in her late 40s right now. so a long way to go. >> right. >> allison samuels, thank you. the book is, "what would michelle do?" >>> if you are in a home right now, it's called the home mortgage interest tax deduction. it let's you and millions like you deduct the interest that you pay to your mortgage company. it can be taken for interest on mortgages up to $1 million for a first or second home and interest up to $100,000 in home equity loans. but as deep-seed lawmakers lock horns of ways to cut spending and increase revenues, there's a chance that tax break, which costs the government $100 billion a year, could vanish. a columnist, financial advice blog, ask the money coach joining me right now. this is a red flag for so many people around the country and as we come up on the end of the year. who benefits most from this deduction? >> well, homeowners, of course. if
/clint or clinton/obama. so that talk is going to keep going. >> what a ticket. >> it would be a great ticket. >> she's a young woman. she's only in her late 40s right now. so a long way to go. >> right. >> allison samuels, thank you. the book is, "what would michelle do?" >>> if you are in a home right now, it's called the home mortgage interest tax deduction. it let's you and millions like you deduct the interest that you pay to your mortgage...
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is president obama not serious? surely the leaderswould not play games that co result in a ten per -- 10% of the plumber rate, recession, and a massive wall street sell-off. a wall street veteran joins us next. with the fidelity stock screener, you can try strategies from independent experts and see wh criteria they use. such as a 5% yield on dividend-paying stocks. then you can customize the strategies and narrow down to exactly ose stocks you want to follow. i'm mark allen of fidelity investments. the expert strategies feature is one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you opean account. now we ed a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner wiwith health care pressionals who understand the difference that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] [ male announcer ] humana thanks the physicians, nurses, hospital
is president obama not serious? surely the leaderswould not play games that co result in a ten per -- 10% of the plumber rate, recession, and a massive wall street sell-off. a wall street veteran joins us next. with the fidelity stock screener, you can try strategies from independent experts and see wh criteria they use. such as a 5% yield on dividend-paying stocks. then you can customize the strategies and narrow down to exactly ose stocks you want to follow. i'm mark allen of fidelity...
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obama wants to raise taxes on the wealthy. obama wants to eliminate deductions and close loopholes plus cut spending for entitlement programs. the president has said there can't be tax cuts for the rich at the expense of the domestic program which is frustrating for some republicans. >> this president, i think the president with president obama he's a small minded president in big times. he is talking about 35 verses 39.6 for people who make over a million dollars. that doesn't get us out of debt. >> both sides will be taking their plan to the public this week they will meet with governors for state business he's meeting with the governors today. john boehner will be with governors plus conduct rallies with small business owners. we don't know if these two sides are going to reach an agreement any time soon and the fiscal cliff is past approaching. >> thank you very much. we are going to keep with the fiscal cliff and take a look at who is talking. charles krauthammer weighing in on the negotiations. the approach on the presid
obama wants to raise taxes on the wealthy. obama wants to eliminate deductions and close loopholes plus cut spending for entitlement programs. the president has said there can't be tax cuts for the rich at the expense of the domestic program which is frustrating for some republicans. >> this president, i think the president with president obama he's a small minded president in big times. he is talking about 35 verses 39.6 for people who make over a million dollars. that doesn't get us out...
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second term however in this year thousand a presidential election obama became the first democrat in more than thirty years to win north carolina a red state turned blue with the promise of change four years later tens of thousands of voters in the very same state believe they'd be better off on their own us the average american the things they believe in they're tired of the endless wars and here we are talking about invading iran now i can't think of anything more evil the white house meanwhile promises to review and issue an official response to all petitions with twenty five thousand or more signatories at least seven states fit that category where used to be the interstate driving along at thirty five miles an hour by ourselves with society as a goal now we're being passed on both sides and lanes by people going faster than we are and it's amazing because here we were thought to be radical fifteen or ten years ago and now we're mainstream a mainstream movement to move apart marina point ny out artsy new york. american police take another controversial step to keep an eye on citi
second term however in this year thousand a presidential election obama became the first democrat in more than thirty years to win north carolina a red state turned blue with the promise of change four years later tens of thousands of voters in the very same state believe they'd be better off on their own us the average american the things they believe in they're tired of the endless wars and here we are talking about invading iran now i can't think of anything more evil the white house...
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i have much respect with president obama. i like president bush. i think i could make good friends with president obama if i was in the position where we had to work together and i think that these are very essential elements in order to try and bring all of us into the desired point of making peace, providing security, of creating better lives for the people of the middle east and of supporting the values which are shared by all our countries. >> rose: it's hard to hear anybody say that, especially one with your own background to assume that if it's not yes, i'm back i'm going to engage. (laughs) >> well, charlie, you know, you have a tough job, you know? sometimes you can't hear everything you want to hear. but i promise you we will discuss this in our next interview when you will invite me and i will share with you a reflection about my decision which ever way it will be. >> rose: thank you for coming. >> thank you. >> rose: thank you for joining us. see you next time. captioning sponsored by rose communications captioned by media access group a
i have much respect with president obama. i like president bush. i think i could make good friends with president obama if i was in the position where we had to work together and i think that these are very essential elements in order to try and bring all of us into the desired point of making peace, providing security, of creating better lives for the people of the middle east and of supporting the values which are shared by all our countries. >> rose: it's hard to hear anybody say that,...
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because it turns out president obama is more progressive! and a little tougher negotiator--so far. now apparently i'm not the only one surprised. when he gave his new storms on the fiscal cliff negotiations, well apparently john boehner was a little bit surprised. >> tim geithner sit there like we are here and presented this to you. what did you say? >> flabbergasted. >> cenk: flabbergasted. well, what went wrong? where do you think we are today. >> i would say we're nowhere. period. we're nowhere. we've put a serious offer on the table by putting revenues up there to get this question resolved. but the white house has responded with virtually nothing. they've asked for more revenue than asking for the whole entire time. >> cenk: that's just not true at all. he says we did this serious offer. here is the offer that john boehner put forward--butkis. nothing. he said, i'm interested in raising revenue or we're willing to do that. so how much, you want to cut medicare? you want to cut social security? john, admit it, you want to cut social security. no, no i want the president to say
because it turns out president obama is more progressive! and a little tougher negotiator--so far. now apparently i'm not the only one surprised. when he gave his new storms on the fiscal cliff negotiations, well apparently john boehner was a little bit surprised. >> tim geithner sit there like we are here and presented this to you. what did you say? >> flabbergasted. >> cenk: flabbergasted. well, what went wrong? where do you think we are today. >> i would say we're...
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in our cover story, house republicans' counter-offer in fiscal cliff negotiations with president obama takes away a white house argument that the republicans have no plan and puts medicare on the table for discussion. the republican counter-offer would raise $800 billion through tax reform and cut $600 billion from federal health programs, including raising medicare eligibility, another $600 billion cut from mandatory and discretionary spending, and factor inflation less in calculating social security benefits. "what we're putting forth is a credible plan that deserves serious consideration by the white house." in a three-page letter to the president calling democratic gains in the senate and mr. obama's victory a "status quo election," the republican proposal would raise half the amount as the president's plan and save $350 billion from medicare and medicaid. however, at the chicago fed, a gathering of 39 individuals from banking and manufacturing industries - including automakers and other sectors - say the economy is strong enough - barely - to withstand either party's direction. "t
in our cover story, house republicans' counter-offer in fiscal cliff negotiations with president obama takes away a white house argument that the republicans have no plan and puts medicare on the table for discussion. the republican counter-offer would raise $800 billion through tax reform and cut $600 billion from federal health programs, including raising medicare eligibility, another $600 billion cut from mandatory and discretionary spending, and factor inflation less in calculating social...
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that is the message that president obama needs to hear. unfortunately, there's growing evidence to indicate that he's not interested in striking any deal at all. now, he may, in fact, want us to all go over the fiscal cliff. after all, he would be able to point the finger of blame at the republicans to get all the tax hikes he wants, all the defense cuts he's always wanted and some democrats are stating flat out they want to go over the fiscal cliff. watch this. >> i personally think you'll get a lot more deficit reduction if we do the fiscal cliff. i think the markets will reward the fiscal cliff over a period. there will be some panic and moaning and groaning, but first of all, the fiscal cliff is not a real cliff. it's a slope. and you're going to get the biggest bank for the buck in terms of deficit reduction. i think the economy can stand it. yes, we will go into two quarters of recession the cbo says, and i believe that. we're in deep trouble here. somebody's going to have to pay the bill. it's going to have to be all of us. >> joini
that is the message that president obama needs to hear. unfortunately, there's growing evidence to indicate that he's not interested in striking any deal at all. now, he may, in fact, want us to all go over the fiscal cliff. after all, he would be able to point the finger of blame at the republicans to get all the tax hikes he wants, all the defense cuts he's always wanted and some democrats are stating flat out they want to go over the fiscal cliff. watch this. >> i personally think...
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that same year president obama signed a new stark treatment. an agreement between united states and russia to reduce the number of nuclear weapons in each country's arsenal. he called that his top national security priority and he got the senate to ratify it. it's hard to put a bigger exclamation point on a policy than the way he's talked about nuclear disarmament. and counterproliferation. keeping the world safe not just from nuclear weapons, but nuclear material falling into the wrong hands. it's still this underappreciate ed it thing about what is important to him. and also how long it's been important to him. today president obama underscored how seriously he's taken this issue from the beginning of his career in a speech praising in part republican richard lugar's work on nuclear weapons and nuclear material as senator lugar prepares to leave washington after decades. >> it was dick who took me on my first foreign trip as a senator to russia and ukraine. i remember walking through one facility. i started leaning in for a closer look and on
that same year president obama signed a new stark treatment. an agreement between united states and russia to reduce the number of nuclear weapons in each country's arsenal. he called that his top national security priority and he got the senate to ratify it. it's hard to put a bigger exclamation point on a policy than the way he's talked about nuclear disarmament. and counterproliferation. keeping the world safe not just from nuclear weapons, but nuclear material falling into the wrong hands....
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president obama did win the election. you know, an event has happened as part of the many months where the public comes down on this. >> luke russert, john boehner did yesterday come out with their proposal, the house proposal. is that a nonstarter or move the ball a little bit? >> i would say it's a nonstarter for the white house, but it moves the ball a little bit in the sense it gives us an idea of what the house gop conference would be willing to accept and that is really to put it in place, caps, specific numbers, that could be worked on next year. essentially you're going to bank specific things the white house would give. perhaps an increase in the medicare age. perhaps a change in the cpi in terms of how social security is doled out. the idea that's what the plan would possibly look like. that was a movement more towards the center. as president obama said it's unacceptable. when i was walking over here i spoke to a senior republican senator and he pretty much said look, we accept that eventually these rates on th
president obama did win the election. you know, an event has happened as part of the many months where the public comes down on this. >> luke russert, john boehner did yesterday come out with their proposal, the house proposal. is that a nonstarter or move the ball a little bit? >> i would say it's a nonstarter for the white house, but it moves the ball a little bit in the sense it gives us an idea of what the house gop conference would be willing to accept and that is really to put...
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president obama's policy below for the next many years. the amazing work you did with all of us on fuel economy standards and enforcing the clean their act, which i just want to say unfortunately those two are not candidate dress. if they were here, i would address them. colleagues here and others stopped many who try to roll back the clean air act as it pertained to missions coming from utility and other polluters. i was critical because we want to be much more direct. i don't speak for anybody else on how we approach this. i just feel people have to understand that the promise that we made and we have initial studies show the progress we've made only because we fight so hard rolling back of my colleagues on the other side but the environmental writer after environmental writer. and if they don't see from superstore and sandy, the future if we just go along, i am very disturbed for our children and our grandchildren. i just want to thank you, senator whitehouse for your amazing leadership day after day. people don't know every time they s
president obama's policy below for the next many years. the amazing work you did with all of us on fuel economy standards and enforcing the clean their act, which i just want to say unfortunately those two are not candidate dress. if they were here, i would address them. colleagues here and others stopped many who try to roll back the clean air act as it pertained to missions coming from utility and other polluters. i was critical because we want to be much more direct. i don't speak for...
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obama making a mistake? >> well, the rich are paying more in taxes because the rich are disproportionately receiving most of the income in this country. the reality, larry, is that in my lifetime we've actually only raised income tax rates three times. once in 1969 to pay for the vietnam war. once in 1990 when george h. bush recanted his read my lips pledge and once in 1993 when president clinton raised taxes and each time federal revenue increased. the one time when we actually cut taxes in recent memory in 2001, in 2001 but especially in 2001 federal revenue did decrease. it's a basic arithmetic between raising taxes and raising revenue. >> steve that's not what the irs shows. that's what's interesting about the tread bush tax cuts that mr. obama wants to repeal in the upper end. i'm not saying in the middle end. in the middle to lower end the same irs data shows the bottom half of taxpayers paid 6 billion less in income taxes, that's a 16% drop. 8 million of them were left off the tax roles all together b
obama making a mistake? >> well, the rich are paying more in taxes because the rich are disproportionately receiving most of the income in this country. the reality, larry, is that in my lifetime we've actually only raised income tax rates three times. once in 1969 to pay for the vietnam war. once in 1990 when george h. bush recanted his read my lips pledge and once in 1993 when president clinton raised taxes and each time federal revenue increased. the one time when we actually cut taxes...
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guess where obama was this year? 61.7%. >> i challenge anybody to find another county with that dramatic of an uptick, that size of a county. speaking of counties, the bellwether presidential -- now the state with the longest streak is ohio. missouri lost its standing a couple of cycles ago. ohio, every winning election back to '64 if that's correct, right? '60 was the last time they were wrong. >> if anyone has been to terre haute, indiana, they have successfully predicted the winner of every presidential election back to 1956 and guess what the total was this year? it's one of the first counties to report votes on election night, too, 19,712 for obama. 19,349 for romney. >> so it overperformed -- or underperformed for the president? >> but uncanny accuracy in prediction. >> one thing i took away from the swing states versus the nonswing states which i think is something republicans ought to be aware, where the democrats can implement their get out the vote, this is, i believe -- even in losing elections they have o
guess where obama was this year? 61.7%. >> i challenge anybody to find another county with that dramatic of an uptick, that size of a county. speaking of counties, the bellwether presidential -- now the state with the longest streak is ohio. missouri lost its standing a couple of cycles ago. ohio, every winning election back to '64 if that's correct, right? '60 was the last time they were wrong. >> if anyone has been to terre haute, indiana, they have successfully predicted the...
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she's a top obama fundraiser, a celebrity. very well-plugged in on the left and she ran two big fundraisers for the president this summer. >> i'm anna wintour, and i'm so lucky in my work i'm able to meet some the most incredible women in the world. women like sarah jessica parker and michelle obama. stuart: anna wintour reportedly an absolute terror to work for. remember when she was played bye meryl streep in the devil wears prada. portrayed as a monster. >> what are you doing here. >> came to be a journalist and-- >> so you don't read runway. >> no he. >> and before today you had never heard of me. >> no. >> you have no style or sense of fashion. >> i think that depends on what you're-- >> no, no, that wasn't a question. >> oh, i think we should set her on the french. and remember when jon stewart from the daily show made fun of me for this? >> vogue editor anna wintour holds exclusive for-- >> stuart varney that's a little-- i go annoying the president is doing fundraisers, you don't have to put on that accent. anna wintou
she's a top obama fundraiser, a celebrity. very well-plugged in on the left and she ran two big fundraisers for the president this summer. >> i'm anna wintour, and i'm so lucky in my work i'm able to meet some the most incredible women in the world. women like sarah jessica parker and michelle obama. stuart: anna wintour reportedly an absolute terror to work for. remember when she was played bye meryl streep in the devil wears prada. portrayed as a monster. >> what are you doing...
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president obama said it's not the time to sit down. that essentially these gothss are getting hammered out behind the scenes. you had the white house congressional holiday party last night, and according to multiple sources who were there, house speaker john boehner and the president didn't even speak. the house speaker didn't get in line to shake hands with the president, to greet him. i have spoken to sources within his office who say there were a lot of people there and he sees the president all the time, but it's a sign that these negotiations at least at their top levels have come to a bit of a stand still and that is something that is causing a lot of people concern tonight. >> it's a shame he isn't offer that courtesy to the president. the president has sate the current proposal is unbalanced, but with speaker boehner now being attacked by people within his own caucus, as you know, does this not suggest he probably won't be able to do any better, and i guess that must mean we're going to get to the end of the year and go over th
president obama said it's not the time to sit down. that essentially these gothss are getting hammered out behind the scenes. you had the white house congressional holiday party last night, and according to multiple sources who were there, house speaker john boehner and the president didn't even speak. the house speaker didn't get in line to shake hands with the president, to greet him. i have spoken to sources within his office who say there were a lot of people there and he sees the president...
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i don't know. >> president obama has done the slightly more than others. forty of his 59 ambassadorial appointments have been to top donors. that has to get arraigned in. melissa: and may have to stumble on. i know. i was trying to make a joke. more politics. this time the future mayor of new york has been encouraging hillary clinton to run for his office in 2011. the mayor thinks the big gamble with think she is a perfect fit. clinton said she is not interested in the job. first of all, is it a step up? endo mayor of new york is a big deal. >> they do say the standard line is that the second most important difficult job in the country is the mayor f new york city. that may or may not be true. hillary clinton would consider this. step down. >> is too mall a stage for her. she's been on the global stage. >> only one person will convince hillary clinton to go back into the public world. that is her husband, bill clinton. and i am on the side that says i don't even think she wants to do much cells after secretary of state. she has been around for awhile, take
i don't know. >> president obama has done the slightly more than others. forty of his 59 ambassadorial appointments have been to top donors. that has to get arraigned in. melissa: and may have to stumble on. i know. i was trying to make a joke. more politics. this time the future mayor of new york has been encouraging hillary clinton to run for his office in 2011. the mayor thinks the big gamble with think she is a perfect fit. clinton said she is not interested in the job. first of all,...
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obama wouldn't sign a bill. >> they blast the house republican plan it's not likely that president obama will get to sign his own fiscal cliff plan since the republicans and democrats don't like it. the measure was defeated 99-nothing. west virginia senator says that both sides aren't going far enough when it comes to cuts. >> they are lower than what everyone says we need. all economists say we need minimum of $4 trillion or greater swing. >> i don't know how we got off-track of what we need to fix this. >> it will be tough for the 20 senate democrats facing re-election. such as begoch and maryland land and mark pryor from conservative states. the top republicans say the president's span not serious. >> comes out with a proposal to raise taxes by $1.6 trillion. has unlimited authority to borrow more money. >> chuck schumer says he prefers to set the bar at $1 million. they have smart cuts to ask the millionaires to pay their fair shares. $60% of americans want millionaires to pay more. >> democrats hope this addres addresses the estate tax. increase it from 35% to 40 packet and lower pr
obama wouldn't sign a bill. >> they blast the house republican plan it's not likely that president obama will get to sign his own fiscal cliff plan since the republicans and democrats don't like it. the measure was defeated 99-nothing. west virginia senator says that both sides aren't going far enough when it comes to cuts. >> they are lower than what everyone says we need. all economists say we need minimum of $4 trillion or greater swing. >> i don't know how we got off-track...
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this is the obama's administration offer. every day here in "the new york times"of the two proposals a the fiscal cliff continues to dominate washington here today and this week. irandy in alabama, republicans. caller: i think both of the approaches here are ridiculous. we keep talking about reforming the taxes when it is so complicated that an average person cannot even do it. it's really time to stop reforming the idea of taxes with all these tax ideas. it all it's going to do is drive up inflation. every time we raise taxes, inflation goes up. we really need to go to something like a consumption tax. there's a lot of space out your that do not even haven't come taxes, and their roads are really nice and they do not have been come taxes. they live off other taxes. i think they need to try to fix this whole thing was out just keeping throwing money at it. increasing rates and all of this stuff, it's madness. host: we showed you what senate majority leader harry reid had to say it in reaction to last night proposal from speak
this is the obama's administration offer. every day here in "the new york times"of the two proposals a the fiscal cliff continues to dominate washington here today and this week. irandy in alabama, republicans. caller: i think both of the approaches here are ridiculous. we keep talking about reforming the taxes when it is so complicated that an average person cannot even do it. it's really time to stop reforming the idea of taxes with all these tax ideas. it all it's going to do is...
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obama was a lecturer at the law school. mrs. obama was an executive there. the daughters went to the school. close friend of the couple was the chairman of the board. we could go on and on and on. even susan is an executive there now. and their donor community, some of them are on or have been on the board and their house is near campus. >> bill: it is a great university. >> david axelrod is launching his own institute of politics there formerly opens in january. so it would seem that if there's going to be -- if you're going to put it anywhere, this is the most logical place to put it. but obama also told jonathan alter in his book on the first year that he was even thinking of maybe a virtual library but there's going to be a brick and mortar place someplace. it may not be the scale of the kennedy library or clinton but it is interesting that now we know the timetable. we know the unveiling. this breaks out in the open more. i bet obama will not look forward to the massive fund raising that goes along with these places. >> bill: i want to put in my pitch,
obama was a lecturer at the law school. mrs. obama was an executive there. the daughters went to the school. close friend of the couple was the chairman of the board. we could go on and on and on. even susan is an executive there now. and their donor community, some of them are on or have been on the board and their house is near campus. >> bill: it is a great university. >> david axelrod is launching his own institute of politics there formerly opens in january. so it would seem...
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how that changes president obama's stance on a possible intervention. john boehner offered up his own plan to avoid the fiscal cliff today. does it add up? and the u.s. ambassador to the united nations comes under fire again. this time, it's over ra wwanda. let's go "outfront." evening, welcome, everybody. i'm soledad o'brien. breaking news. president obama puts the syrian president bashar al assad on notice. the president is reacting to new notice that the regime is mixing with chemicals to make deadly gas. and today, i want to make it absolutely clear to assad and those under his command, the world is watching. the use of chemical weapons is an would be totally unacceptable. and if you make the tragic mistake of using these weapons, there will be consequences and you will be held accountable. >> assad is on the edge of president obama's so-called red line against syria. the president said the summer that syria's use or movement of chemical weapons could mean u.s. intervention, so "outfront" tonight, barbara starr. how exactly clear is the evidence in
how that changes president obama's stance on a possible intervention. john boehner offered up his own plan to avoid the fiscal cliff today. does it add up? and the u.s. ambassador to the united nations comes under fire again. this time, it's over ra wwanda. let's go "outfront." evening, welcome, everybody. i'm soledad o'brien. breaking news. president obama puts the syrian president bashar al assad on notice. the president is reacting to new notice that the regime is mixing with...
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none of the spending cuts in obama's plan. are we so far apart we will go up or is there a meeting ground? 'canes is smart of the republicans. last week, geithner to the treasury secretary and laughed at. across the board, left and right commentators said i think president obama is overplaying the hand here. they have a plan to get him what he campaigned on and said he wanted. they called it smart. we had the simpson bowl plan. deficit reduction plan how to get it back on track. they are proposing the plan that is a democrat version of the -- democrat counterpart to simpson. very smart. this offer was serious. the white house even though they put out a statement saying blah, blah, not good enough. call it a republican letter -- >> eric: this is the republican letter does not meet the test of balance. said our way or the highway from the white house. >> bob: reform ideas are interesting and should be on the table. the rest is bull. they don't cut anything out of defense. number one. number two, talk about the tax reform that wi
none of the spending cuts in obama's plan. are we so far apart we will go up or is there a meeting ground? 'canes is smart of the republicans. last week, geithner to the treasury secretary and laughed at. across the board, left and right commentators said i think president obama is overplaying the hand here. they have a plan to get him what he campaigned on and said he wanted. they called it smart. we had the simpson bowl plan. deficit reduction plan how to get it back on track. they are...
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they want to urge president barack obama to work on the fiscal cliff. they will meet with house speaker john boehner, governor jerry brown is actually not in the group. >>> white house is rejecting the republican fiscal proposal. and it is a counteroffer to the one president barack obama offered last week. coming up, what the white house says is missing in the republican proposal. >>> time now time to bring tara back. if anybody is headed for the bay bridge, what do you want them to know. >> if we take a live look, this happens in just a matter of minutes and i bet you it is going on right now. so give yourself extra time if you are headed into the city right now. we can show you 580 westbound and then also up in the pittsburgh antioch area, slow going there on highway 4 as you make your way towards concord. last but not least, 280 san jose and traffic is moving along pretty well. 6:07 here is steve. >>> cloudy skies, now last hour, there has been some light rain in mendocino and down to salina, it is cloudy and a few areas of fog. this system is consid
they want to urge president barack obama to work on the fiscal cliff. they will meet with house speaker john boehner, governor jerry brown is actually not in the group. >>> white house is rejecting the republican fiscal proposal. and it is a counteroffer to the one president barack obama offered last week. coming up, what the white house says is missing in the republican proposal. >>> time now time to bring tara back. if anybody is headed for the bay bridge, what do you want...
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does obama care more about owls than jobs? it is a better question if you understand the language of middle earth. >>> must we kill owls in order to save them? in order to protect the endangered spotted owl seen here, i think that is it, the obama administration is locking up about 10 million acres of mostly federal land in the pacific northwest. it grabbed thousands of timber workers along with related support jobs. the area continues to suffer high unemployment. despite years of government meddling the disappearing bird is disappearing faster than ever. one solution, taking out the owl. the u.s. fish and woild life service had proposals that included luring the owls into close range, using recorded couls and an owl decoy. it can ensure rapid and inhumane death. how is the relationship between owls and cats? >> once we start going toward this gay marriage thing we will have owls and cats giving together. >> all right, dan, why not let these birds go extinct. they don't seem to be cutting it anyway. >> i love the fact in the a
does obama care more about owls than jobs? it is a better question if you understand the language of middle earth. >>> must we kill owls in order to save them? in order to protect the endangered spotted owl seen here, i think that is it, the obama administration is locking up about 10 million acres of mostly federal land in the pacific northwest. it grabbed thousands of timber workers along with related support jobs. the area continues to suffer high unemployment. despite years of...
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this poll is 800 people who voted for president obama. they are split in the middle. 41% say mostly tax increases with some spending cuts. but the same number want mostly spending cuts with some tax increases. 5% of these obama voter say they want tax increases only. but 10% of the people who voted for obama in this policy they want spending cuts only. bob, where are we here? >> it looks a little confusing except when you look at history of polling. norquist is a blowhard and a bully. it's not surprising people want more spending cuts and less taxes. that's not a surprise. martha: that's not what they are getting in the white house package. >> if the republicans would give up on 2% tax rates nobody would have to worry about anything. >> bob, obama-care already taxes the middle class. the majority of the country do not want to be taxed. what they don't know already is everybody is getting a tax increase because of obama-care. people get the government spending too much. they want spending cuts. i will give you this, though. when you start
this poll is 800 people who voted for president obama. they are split in the middle. 41% say mostly tax increases with some spending cuts. but the same number want mostly spending cuts with some tax increases. 5% of these obama voter say they want tax increases only. but 10% of the people who voted for obama in this policy they want spending cuts only. bob, where are we here? >> it looks a little confusing except when you look at history of polling. norquist is a blowhard and a bully....
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. >> the co-chair of obama's deficit commission, but yesterday mr. bowles flatly rejected that connection. meanwhile, the white house is turning to campaign style messaging as a reminder of whose tax plan was chosen in the court of public opinion on election day. >> under my plan, first of all, 98% of folks who make less than 250,000, you wouldn't see your income taxes go up a single dime. all right? because you're the ones who need relief. but we're not going to be able to get it done unless we also ask the wealthiest households to pay higher taxes on their income officials $250,000. the same rate we had when bill clinton was president and our economy kree aed nearly 23 million new jobs. >> and there are reports that republicans are considering a doomsday plan should talks break down. according to senior republican sources the gop would allow a vote on extending bush tax cuts for the middle class and nothing more. under one variation of this plan, house republicans would vote present on the bill to voice their disapproval but still allowing it to pa
. >> the co-chair of obama's deficit commission, but yesterday mr. bowles flatly rejected that connection. meanwhile, the white house is turning to campaign style messaging as a reminder of whose tax plan was chosen in the court of public opinion on election day. >> under my plan, first of all, 98% of folks who make less than 250,000, you wouldn't see your income taxes go up a single dime. all right? because you're the ones who need relief. but we're not going to be able to get it...
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then obama, you know, is not necessarily bound by just that demand. he could come and ask to free up more revenue. as dan was saying, i think they hope that something in the market will make the democrats move quickly but if they don't that just suggests that they don't have it within themselves as a party to vote affirmatively do so something. >> eliot: there is one other component that could create fear and tank the market, and that's the debt ceiling. that's the place where john boehner is saying there is an extra price for that. i'm going to extort an extra piece of this if you want me to raise the debt ceiling and don't fall into that bear trap once against we hope. that's something that we'll talk about. we'll take a break and my guests will stay with me. we'll talk about the meet and potatoes of it and the debt sealing. we'll be right back. mints called mints? answer in a moment. fruit just got cooler. fruit on one side, cool on the other. ice breakers duo. a fruity, cool way to break the ice. brought to you by ice breakers mints. break the ice
then obama, you know, is not necessarily bound by just that demand. he could come and ask to free up more revenue. as dan was saying, i think they hope that something in the market will make the democrats move quickly but if they don't that just suggests that they don't have it within themselves as a party to vote affirmatively do so something. >> eliot: there is one other component that could create fear and tank the market, and that's the debt ceiling. that's the place where john...